Cost of Living in Vicksburg, MI

Population 3,824 · Michigan · Data vintage 2023

69
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Vicksburg offers a notably favorable income-to-housing ratio for its region. The typical home — $208,000 — costs less than 3 times median household income of $70,070, a threshold many coastal markets passed a decade ago. An unemployment rate of 3.0% points to a labor market well on the tight side of the national distribution.

Geographically, Vicksburg is about 50 miles northeast of South Bend, the nearest large metro. Median home values run roughly 67% higher than South Bend's $125,000.

Cost Overview

Housing 68
Rent 70

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Vicksburg

The median home value in Vicksburg is $208,300 — 32% below the national median of $305,000. Median rent runs $914/month, 30% lower than the national median of $1,314/month. The median household income of $70,070/year is 6% lower than the US median of $74,580. The local unemployment rate is 3.0%, below the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. The climate averages highs of 58.7°F and lows of 40.2°F. Overall, Vicksburg has a cost of living index of 69 versus the US average of 100, meaning it is 31% less expensive.

🏠 Housing

Median Home Value
$208,300
32% below avg
Zillow Home Value
$271,991
Zillow ZHVI
Median Rent
$914/mo
30% below avg
Price-to-Rent Ratio
19.0x
Favors buying
Property Tax Rate
1.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$707
1 BR
$780
2 BR
$962
3 BR
$1,290
4 BR
$1,444
Owner-occupied 76.5%
Renter-occupied 23.5%

💰 Estimated Monthly Budget

Rent median rent
$914
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,528/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
24.9 min
8% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.0%

Commute Mode

Drove alone
86.3%
Carpooled
7.7%
Walked
0.9%
Work from home
5.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.3%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 1.5%

💼 Income & Employment

Median Household Income
$70,070
6% below avg
Per Capita Income
$34,330
Unemployment Rate
3.0%
39% below avg
Poverty Rate
5.1%
Labor Force Participation
72.3%

🎓 Education

Bachelor's degree+ 14.4%
Graduate degree 3.7%

👥 Demographics

Median Age 34.3
Male median age 34.5
Female median age 34

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
58.7°F
Avg Low
40.2°F
Annual Precip
33.2"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323546597080838174614837
Low °F 182027384958626053423324
Precip" 1.701.342.013.073.703.203.363.663.273.742.501.68

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 53 — Moderate
42.2%
Good air days/yr
225
Max AQI recorded
261
PM2.5 days
97
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

84%
4-Year Graduation Rate
17.6:1
Student-teacher ratio
6
Public schools
2,643
Total enrollment

Frequently Asked Questions

What is the cost of living in Vicksburg, MI?

Vicksburg has a cost index of 69 (100 = national average). It is 31% below the national average.

What is average rent in Vicksburg, MI?

The median gross rent in Vicksburg is $914 per month based on 2023 Census data.

What is the average home price in Vicksburg?

The median home value in Vicksburg is $208,300 according to Zillow and Census data.

What is the median income in Vicksburg?

The median household income in Vicksburg is $70,070 per year (2023 ACS 5-year estimates).

What is the sales tax in Vicksburg, MI?

The combined state and local sales tax rate in Vicksburg is 6.0%. The Michigan state income tax top rate is 4.3%.

Is Vicksburg, MI affordable?

Yes, Vicksburg is generally considered affordable, with a cost of living index of 69 — about 31% below the US national average of 100.

What is the weather like in Vicksburg?

Vicksburg has average high temperatures of 58.7°F and average lows of 40.2°F. Annual precipitation is 33.2". Data from NOAA 1991–2020 Climate Normals.

Vicksburg at a Glance

Population
3,824
Median Income
$70,070
Home Value
$208,300
Median Rent
$914/mo
Unemployment
3.0%
Avg High Temp
58.7°F
Sales Tax
6.0%
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🗺️ County data for Michigan

Explore county-level cost of living data

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